French Franc - F Definition | Investopedia French Franc - F DEFINITION of 'French Franc - F' A currency used in France, prior to the introduction of the euro. The French franc, whose symbol was "F" or "FF," was the national currency until the euro was introduced for accounting purposes in 1999, and as coins and banknotes in 2002. The French franc was also used in Andorra, which had no national currency of its own, with legal tender. Coins worth one livre tournois between 1360 and 1641 were called francs; the name became common terminology for coins of this value. Other countries that used the franc include French Polynesia, Monaco, Saar and Saarland. BREAKING DOWN 'French Franc - F' The French franc was divided into subunits called centimes. Coins were available in 5, 1, and 20 centimes; 0.5, 1, 2, 5, 10 and 20 francs. Banknotes were available in denominations of 20, 50, 100, 200 and 500 francs.

The franc was established in 1360 by King John II. The name stems from the inscription "Johannes Dei Gratia Francorum Rex," which translates to "John by the grace of God King of the Franks." In 1795, the decimal franc was established as the national currency, where 1 franc was equal to 10 decimes, which were equal to 100 centimes of 4.5 grams of silver. The new franc was introduced in 1960, which was worth 100 of the old francs. Holders of franc coins could exchange them for euros at the Banque de France until February 2005; banknotes can be exchanged until February 2012. Trading Center FRF | French Franc | OANDA French Franc Note: This currency has been replaced by the Euro . Overview The French Franc was the national currency of France until the introduction of the Euro in 1999 (in full circulation in 2002). Because France is one of the biggest and most stable economies in the world, other currencies were pegged to the Franc (especially currencies in protectorate territories of France).

The currency symbol of the Franc is ₣, or alternatively FF or F. French Franc coins were convertible to Euros (at the fixed rate of 6.55957 Francs = 1 Euro) until February 17, 2005 at the Banque de France. Economy France is considered a moderately free economy, mixing private enterprise, state enterprise, and government intervention. A member of the G8 group, it is the fifth-largest economy in the world and the second-largest in Europe. All branches of economy are highly developed: France has modern agriculture and farming, prosperous heavy and light industry, an active and developing job market. France is the first tourist destination in the world, with a total of 81.9 million tourists in 2007. Like many other countries, France’s economy was affected by the global financial crisis, but it is gradually recovering. Main industries are tourism, aircraft, metallurgy, chemicals, machinery, automobiles, and food processing. Export products are plastics, aircraft, steel, iron, beverages, transportation equipment, and machinery. Import products are aircraft, plastics, crude oil, chemicals. Unemployment is estimated at 9.6%.

History The first French Franc was introduced in the year 1360. Its value was equal one livre tournois, a unit of account used during the Middle Ages and the early modern period in France. France minted the currency at a later stage; however Louis XIII demolished the minting in 1641 and replaced it with the louis d’or and eco. The name Franc still remained. In 1795, the Franc was decimalized by the French Revolutionary Convention; 1 Franc = 10 decimes = 100 centimes. In 1803, a new Franc, called the "Germinal Franc", was introduced. The Latin Monetary Union was founded by the French in 1865 and the Germinal Franc was used as a common currency. In 1873, France joined the gold standard; 0.290322581g gold = 1 Franc. France left the LMU during World War I. The Franc was used in World War II as a sub-currency of the German Reichsmark after Germany occupied France. After World War II the Franc joined the Brent Woods system.

A new French Franc was introduced in 1960, due to devaluation in the 1940s and 1950s. In 1999, the French Franc was partially replaced by the Euro In 2002, the Euro became the official currency of France Symbols and Names Centime = 1/100 of a Franc Denominations Bills: 20₣, 50₣, 100₣, 200₣, 500₣ Coins: 5, 10, 20 centimes; ½₣, 1₣, 2₣, 5₣, 10₣, 20₣ Countries Using This Currency SITE MAP © 1996 - 2017 OANDA Corporation. All rights reserved. "OANDA", "fxTrade" and OANDA's "fx" family of trademarks are owned by OANDA Corporation. All other trademarks appearing on this Website are the property of their respective owners. Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone.

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It was re-introduced (in decimal form) in 1795 and remained the national currency until the introduction of the euro in 1999 (for accounting purposes) and 2002 (coins and banknotes). Before the French Revolution The franc was introduced by King John II in 1360. Its name comes from the inscription, Johannes Dei Gratia Francorum Rex ("John by the grace of God King of the Franks"), and its value was set as one livre tournois (a money of account). Francs were later minted under Charles V, Henry III and Henri IV. Louis XIII of France stopped minting the franc in 1641 (replacing it with the Écu and Louis d'Or), but use of the name "franc" continued in accounting as a synonym for the livre tournois. French Revolution The decimal "franc" was established as the national currency by the French Revolutionary Convention in 1795 as a decimal unit (1 franc = 10 decimes = 100 centimes) of 4.5 g of fine silver.

This was slightly less than the livre of 4.505 g but the franc was set in 1796 at 1.0125 livres (1 livre, 3 deniers), reflecting in part the past minting of sub-standard coins. However, the circulation of this metallic currency declined during the Republic, which exchanged the old gold and silver reserves (needed to finance wars and try to solve the shortage of food supplies by importing them) against printed assignats, initially designed as bonds based on the value of the confiscated goods of churches, but later declared as legal tender currency.

Too many assignats were put in circulation (by largely overvaluing the value of the "national properties"), and the silver franc rarefied to pay foreign providers, and the unpaid governmental national debt caused decreasing trust in this secondary unit, shortage of silver supplies for producing metallized francs, hyperinflation, even more food riots in the population, and severe political instability and termination of the First French Republic (the political fall of the French Convention, the economic failure of the Directoire that replaced it, then a coup d'tat that lead to the Consulate during which only the first Consul progressively gained all the legislative powers against the other unstable and discredited consultative or legislative institutions). French Empire and Restoration In 1803, the "germinal franc" (named after the month Germinal in the revolutionary calendar) was established, creating a gold franc containing 290.32 mg of fine gold. From this point, gold and silver-based units circulated interchangeably on the basis of a 1:15.5 ratio between the values of the two metals (bimetallism).

This system continued until 1864, when all silver coins except the 5 franc piece were debased from 90% to 83.5% silver without the weights changing. The currency was retained during the Bourbon Restoration. Latin Monetary Union France was a founding member of the Latin Monetary Union (LMU) in 1865. The common currency was based on the franc germinal, with the name franc already being used in Switzerland and Belgium, whilst other countries used their own names for the currency. In 1873, the LMU went over to a purely gold standard of 1 franc = 0.290322581 g gold. World War I The outbreak of World War I caused France to leave the gold standard of the LMU. The war severely undermined the franc's strength, as war expenditure, inflation and postwar reconstruction, financed partly through the printing of ever more money, reduced the franc's purchasing power by 70% from 1915 to 1920 and a further 43% from 1922 to 1926.

After a brief return to the gold standard (1928 to 1936) the currency was allowed to resume its slide, until it was worth in 1959 less than a fortieth of its 1934 value. World War II During the occupation of France, the franc was a satellite currency of the German Reichsmark. The coins were changed, with the words Travail, Famille, Patrie (Work, Family, Fatherland) replacing the Republican triad (Liberty, Equality, Fraternity) and the emblem of the Vichy regime added. At the liberation, the US attempted to impose use of the US occupation franc, which was averted by General De Gaulle. Post-War period After World War II, France devalued its currency within the Bretton Woods system on several occasions. Beginning in 1945 at a rate of 480 francs to the British pound (119.1 to the U.S. dollar), by 1949 the rate was 980 to the pound (350 to the dollar).

This was reduced further in 1957 and 1958, reaching 1382.3 to the pound (493.7 to the dollar, equivalent to 1 franc = 1.8 mg pure gold). New franc In January 1960 the French franc was revalued at 100 existing francs. Old one and two franc pieces continued to circulate as centimes (none of which were minted for the first two years), 100 of them making a nouveau franc (the abbreviation NF was used on banknotes for some time). Inflation continued to erode the currency's value but at a greatly reduced rate compared to other countries. The one centime coin never circulated widely. Only one further major devaluation occurred (in August 1969) before the Bretton Woods system was replaced by free floating exchange rates. Nonetheless, when the Euro replaced the franc on January 1, 1999, the franc was worth less than an eighth of its original 1960 value. The old franc pieces were gradually withdrawn. They ceased to be legal tender in January 2002 upon the official adoption of the euro.

After revaluation and the introduction of the new franc, many French people continued to speak of old francs (anciens francs), to describe large sums. For example, lottery prizes were often advertised in amounts of centimes, equivalent to the old franc. Multiples of 10F were occasionally referred to as "mille francs" (thousand francs) or "mille balles" ("balle" being a slang word for franc) in contexts where it was clear that the speaker did not mean 1000 new francs. The expression "heavy franc" (franc lourd) was also commonly used to designate the new franc. This usage continued, at least among the elderly, right up to the time when franc notes and coins were withdrawn in 2002. Many French retail businesses continue to display prices in French francs next to the official euro prices on price tags, at check-out counters, or sometimes in other contexts. Similarly, many Andorran retail establishments continue to show prices in euro and French francs, or in euro.

European Monetary Union From January 1, 1999, the value exchange rate of the French franc against the euro was set at a fixed parity of 1 EUR=6.55957 FRF. Euro coins and notes replaced the franc entirely between January 1 and February 17, 2002. Coins The third coins were issued in denominations of 1 and 5 centimes, 1 and 2 decimes (in copper), quarter, half, 1, 2, and 5 francs (in silver), and 20 and 40 francs (in gold). Copper coins were not issued between 1801 and 1848, leaving the quarter-franc as the smallest coin being minted. During this period, copper coins from the previous currency system circulated, with a one-sou coin being valued at 5 centimes. Bronze coinage was introduced from 1848, and coins worth 1, 2, 5 and 10 centimes were issued from 1853.

The quarter-franc was discontinued, with silver 20-centime coins issued between 1849 and 1868. The gold coinage also changed at this time, with 40- franc coins no longer produced and 5-, 10-, 50- and 100-franc coins introduced. The last gold 5-franc pieces were minted in 1869, and silver 5-franc coins were last minted in 1878. Nickel 25-centime coins were introduced in 1903. The First World War brought substantial changes to the coinage. Gold coinage was suspended, and holed 5, 10 and 25 centimes minted in nickel or cupro-nickel were introduced. In 1920, production of bronze and silver coinage ceased, with aluminium-bronze 50-centime, and 1- and 2-franc coins introduced. Until 1929, these coins were issued by the Chambers of Commerce of France. During the same period, local Chambers of Commerce also issued small change coins.

In 1929, silver coins were reintroduced in 10- and 20-franc denominations. The Second World War also affected the coinage substantially. Zinc 10- and 20-centime pieces were introduced, along with aluminium coins of 50 centimes, and 1 and 2 francs. Following the war, rapid inflation caused denominations below 1 franc to be withdrawn and coin denominations up to 100 francs were introduced by 1954. In 1960, the new franc was introduced, worth 100 of the old francs. Stainless steel 1- and 5-centime, aluminum-bronze 10-, 20- and 50-centime, nickel one-franc and silver 5-franc coins were introduced. Silver 10-franc pieces were introduced in 1965, followed by aluminum-bronze 5-centime and nickel half-franc coins in 1966.

Nickel clad cupro-nickel 5-franc and nickel-brass 10-franc coins replaced their silver counterparts in 1970 and 1974, respectively. Nickel 2 francs were introduced in 1979, followed by bimetallic 10 and 20 francs in 1988 and 1992, respectively. The 20-franc coin was composed of two rings and a centre plug. A nickel 10-franc piece was issued in 1986, but was quickly withdrawn and demonetized due to confusion with the half-franc and an unpopular design. The aluminum-bronze pieces continued to circulate until the bimetallic pieces were developed and additional aluminum-bronze coins were minted to replace those initially withdrawn. Once the bi-metallic coins were circulating the aluminum-bronze pieces were withdrawn and demonetized. A silver 50-franc piece was issued from 1974-1980, but was withdrawn and demonetized after the price of silver spiked in 1980.

A 100-franc piece, in silver, was issued, and circulated to a small extent, until the introduction of the euro. All French franc coins were demonetized in 2005 and are no longer redeemable at the Banque de France. At the time of the complete changeover to the euro on 1 January 2002, the coins in circulation (some of which were still produced during 2000) were: 1 centime (~ 0.1524 eurocents) stainless steel, rarely circulated (last production stopped around 1982 due to its excessive production cost, and no more demand for it in commerce due to higher inflation and most shop prices rounded to 5 centimes).

5 centimes (~ 0.7622 eurocents) aluminum-bronze 10 centimes (~ 1.524 eurocents) aluminum-bronze 20 centimes (~ 3.049 eurocents) aluminum-bronze ½ franc (~ 7.622 eurocents) nickel 1 franc (~ 15.24 eurocents) nickel 2 francs (~ 30.49 eurocents) nickel 5 francs (~ 76.22 eurocents) nickel clad copper-nickel 10 francs (~ €1.52) bimetallic 20 francs (~ €3.05) trimetallic, more rare (produced for a short period before the euro, the banknote equivalent was much more frequently used) 100 francs (~ €15.24) silver, rarely circulated (most often bought and offered as personal gifts, but rare in commercial transactions, this coin has now a higher value than its nominal price at the official conversion rate).

Coins were freely exchangeable until February 17, 2005 at Banque de France only (some commercial banks could still perform it but were not required to offer this service for free after the transition period in 2001), by converting their total value in francs to euros (rounded to the nearest eurocent) at the official fixed rate of 6.55957 francs for 1 euro. Banknotes are officially convertible up to 17 February 2012[1]. Banknotes The first franc paper money issues were made in 1795. They were assignats in denominations between 100 and 10,000 francs. These followed in 1796 by "territorial mandate promises" for 25 up to 500 francs. The treasury also issued notes that year for 25 up to 1000 francs. In 1800, the Bank of France began issuing notes, first in denominations of 500 and 1000 francs.

In the 1840s, 100- and 200-franc notes were added, while 5-, 20- and 50- francs were added in the 1860s and 70s, although the 200-franc note was discontinued. The First World War saw the introduction of 10- and 5000-franc notes but, despite base metal 5-franc coins being introduced after the war, the banknotes were not removed. In 1944, the liberating Allies introduced paper money in denominations between 2 and 1000 francs. Following the war, 10,000-franc notes were introduced, while 5-, 10- and 20-franc notes were replaced by coins, as were the 50- and 100-franc notes in the 1950s.

The first issue of the new franc consisted of 500-, 1000-, 5000- and 10,000-franc notes overprinted with their new denominations of 5, 10, 50 and 100 new francs. This issue was followed by notes of the same design but with only the new denomination shown. 500-new franc notes were also introduced at this time. 5- and 10- franc notes were withdrawn in 1970 and 1979, respectively.

Banknotes in circulation when the franc was replaced were [1][dead link] 20 francs (€3.05) : Claude Debussy Brown 50 francs (€7.62) : Antoine de Saint-Exupéry Blue (introduced 20 October 1993, replacing Maurice Quentin de la Tour) 100 francs (€15.24) : Paul Cézanne Orange (introduced 15 December 1997, replacing Eugène Delacroix) 200 francs (€30.49) : Gustave Eiffel Red (introduced 29 October 1996, replacing Montesquieu) 500 francs (€76.22) : Pierre and Marie Curie Green (introduced 22 March 1995, replacing Blaise Pascal) Banknotes of the current series as of euro changeover may be exchanged with the French central bank or services like GFC until February 17, 2012. Most older series were exchangeable for 10 years from date of withdrawal.

As the last banknote from the previous series had been withdrawn on 31 March 1998 (200 francs Montesquieu), the deadline for the exchange was on 31 March 2008. This means that from this day on, banknotes from older series can no longer be exchanged. About: French franc About: French franc An Entity of Type : currency , from Named Graph : , within Data Space : dbpedia.org The franc (/fræŋk/; [fʁɑ̃]; sign: F or Fr), also commonly distinguished as the French franc (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in decimal form) in 1795. It was revalued in 1960, with each new franc (NF) being worth 100 old francs.

The NF designation was continued for a few years before the currency returned to being simply the franc; the French continued to reference and value items in terms of the old franc (equivalent to the new centime) until the introduction of the euro in 1999 (for accounting purposes) and 2002 (for coins and banknotes). The French franc was a commonly held international reserve currency in the 19th and 20th ce Property abstract كان الفرنك الفرنسي العملة الرسمية لدولة فرنسا حتى عام 1999 وفي اليوم الأول من عام 1999 ولدت عملة اليورو رسمياً، واعتباراً من الرابع منه، فإن 80% من العملة المتداولة في الدول الداخلة في منطقة اليورو أصبحت العملة الموحدة: الدفع بين البنوك، وقروض الدولة، وكذلك أسعار الأسهم والادخارات باليورو، وقد بات ممكناً الدفع في عمليات الشراء بعملة اليورو بواسطة الشيكات.

خرج الفرنك الفرنسي من التداول عام 2001 وتم استبداله باليورو نهائياً.32x28pxبوابة فرنسا32x28pxبوابة علم العملات32x28pxبوابة الاقتصاد32x28pxبوابة الاتحاد الأوروبي (ar) El franco francés era la moneda de curso legal en Francia, antes de la entrada en circulación del euro el 1 de enero de 1999. Se dividía en 100 céntimos. Su código ISO 4217 es FRF y su abreviatura era fr. (es) Le franc, précisé franc français lorsqu'il peut y avoir ambiguïté (en abrégé F, FF, Fr ; code ISO 4217 FRF), est une ancienne unité monétaire de la France, utilisée également en Andorre et à Monaco.

Bien qu’une pièce portant le nom de « franc », dite « franc à cheval », ait existé dès le , le franc français ne fut l’unité monétaire unique de la France qu’entre le et le (et l’unité monétaire commune en Andorre et à Monaco). Il succède en effet à la livre tournois, qui fut l’unité de compte de l’Ancien Régime, le franc n’étant alors qu’une monnaie de règlement. Le , le franc est devenu une division nationale de l’euro, la monnaie désormais commune des pays de l'Union économique et monétaire européenne. Le , le franc français a totalement cessé d’être une unité de compte avant que son cours légal soit suspendu le 17 février 2002, les pièces et billets en francs français étant démonétisés.

(fr) Der Franc [fʁɑ̃] (deutsch offiziell Franken, aber kaum verwendet – wohl auch, um ihn nicht mit dem Schweizer Franken zu verwechseln) ist die ehemalige Währungseinheit Frankreichs. Untereinheit ist der Centime [sɑ̃tˈiːm]; 100 Centimes ergeben einen Franc. Das Währungssymbol ist Fr (das Währungssymbol ₣, ein F mit einem zusätzlichen unteren Balken, wurde im Jahr 1988 vorgeschlagen, aber nie angenommen). Als Abkürzung gebräuchlich ist F, FF für franc français oder nach ISO 4217 FRF. (de) The franc (/fræŋk/; [fʁɑ̃]; sign: F or Fr), also commonly distinguished as the French franc (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money.

It was reintroduced (in decimal form) in 1795. It was revalued in 1960, with each new franc (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc; the French continued to reference and value items in terms of the old franc (equivalent to the new centime) until the introduction of the euro in 1999 (for accounting purposes) and 2002 (for coins and banknotes). The French franc was a commonly held international reserve currency in the 19th and 20th centuries. (en) Il franco francese era la valuta ufficiale della Francia prima dell'introduzione dell'euro ed era diviso in centesimi (centimes in francese). Il franco era valuta legale anche nel principato di Monaco e, insieme alla peseta spagnola, ad Andorra. (it) Frank francuski (fr.

franc français) – francuska moneta, jednostka obrachunkowa i jednostka monetarna będąca w obiegu w latach 1795–2002 (kod walutowy według ISO 4217: FRF). (pl) フランス・フラン（フランス語：Franc français）は、かつてフランスで定められていた通貨。 フランス本土のほか、ニューカレドニア・フランス領ポリネシア・ウォリス・フツナを除く海外領土、およびモナコとアンドラで通用していた。アメリカドル、ドイツマルク、日本円、イギリスポンドに次ぐ準備通貨のひとつであったが、ユーロの導入により、2002年までに通貨としての役割を終えた。 通貨記号は₣またはFF, あるいは単にFと表記する。ISO 4217のコードはFRF.

補助単位はサンチーム (centime) で、かつてはドゥシーム (decime) も使われていた。 以降、特に断りのないかぎりフランス・フランを単にフランと記す。 (ja) De Franse frank was de munteenheid van Frankrijk tot de introductie van de euro. In 1795, zes jaar na de Franse Revolutie werd de Franse frank ingevoerd. Ze verving het Franse pond dat al sinds de middeleeuwen in gebruik was. De frank werd onderverdeeld in 100 centimes, hiermee werd Frankrijk het tweede land ter wereld dat het decimale stelstel invoerde; de Verenigde Staten waren Frankrijk in 1783 voorgegaan. In 1960 werd de nieuwe frank ingevoerd, die een waarde had van 100 oude frank. Deze nieuwe Franse frank bleef in gebruik tot de invoering van de euro in 2002.

In een deel van de voormalige Franse koloniën wordt de CFA-frank gebruikt. (nl) O franco francês era a moeda oficial da França, que circulou no território continental francês e na Córsega, em dois períodos: As moedas do franco francês eram feitas de alumínio, um material barato e leve. (pt) 法國法郎（符号：₣，简写为FF或F），现已被欧元所取代。除了在法国使用，法国法郎也曾是摩纳哥和安道尔的流通货币。现在，这两个国家也都已转用欧元。因為法語的讀法，書寫時法郎的符號習慣放置在數字之後（如22F96）。 (zh) Французский франк (фр.

franc français, МФА (фр.): [fʁɑ̃ fʁɑ̃.sɛ]) — в XIV—XVII веках золотая монета, с 7 апреля 1795 года по 17 февраля 2002 года основная денежная единица Франции.Введённый вместе с франком десятичный принцип денежного счёта (1 франк = 10 десимов = 100 сантимов) подтолкнул к переходу на него и другие страны Европы. Содержание золота и серебра, установленное в 1803 году для франка жерминаль (1:15,5), стало базовым соотношением этих двух металлов в Латинском валютном союзе, который был создан в 1865 году и до 1914 года являлся крупнейшим валютным союзом Европы.

Многие не входившие в союз страны использовали стандарт золотого содержания франка при реформировании собственных денежных систем, в частности, Российская империя при проведении денежной реформы 1895—1897 годов.С 1939 года начала формироваться зона франка — валютный союз, в который в настоящее время входят 17 государств и 12 заморских владений Франции. Курсы валют зоны франка были привязаны к франку, а с 2002 года — к евро. С 1974 по 1998 год франк входил в корзину сначала из шестнадцати, а затем пяти валют, на основании которых Международный валютный фонд рассчитывал курс специальных прав заимствования (СДР).

К началу перехода на евро франк составлял 1,6 % в структуре мировых золотовалютных резервов, уступая в качестве мировой резервной валюты лишь доллару США, немецкой марке, иене и фунту стерлингов. (ru) France, Monaco, Andorra, previously Saar, Saarland (en) comment El franco francés era la moneda de curso legal en Francia, antes de la entrada en circulación del euro el 1 de enero de 1999. Se dividía en 100 céntimos. Su código ISO 4217 es FRF y su abreviatura era fr. (es) Il franco francese era la valuta ufficiale della Francia prima dell'introduzione dell'euro ed era diviso in centesimi (centimes in francese). Il franco era valuta legale anche nel principato di Monaco e, insieme alla peseta spagnola, ad Andorra. (it) Frank francuski (fr.

franc français) – francuska moneta, jednostka obrachunkowa i jednostka monetarna będąca w obiegu w latach 1795–2002 (kod walutowy według ISO 4217: FRF). (pl) French franc - 必应 Sign in French franc The franc (/fræŋk/; French: [fʁɑ̃]; sign: F or Fr),[n 2] also commonly distinguished as the French franc (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in decimal form) in 1795. It was revalued in 1960, with each new franc (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc; the French continued to reference and value i ...

(展开) tems in terms of the old franc (equivalent to the new centime) until the introduction of the euro in 1999 (for accounting purposes) and 2002 (for coins and banknotes). The French franc was a commonly held international reserve currency in the 19th and 20th centuries. The franc (/ f r æ ŋ k /; French: ; sign: F or Fr), also commonly distinguished as the French franc (FF), was a currency of France. Between 1360 and 1641, it was ... The franc (₣) is the name of several currency units. The French franc was the former currency of France until the euro was adopted in 1999 (by law, 2002 de facto). Information about the ISO code FRF. The French Franc was the national currency of France until the introduction of the Euro in 1999 (in full circulation in 2002).

英文French Franc什么意思？ 英语词典提供French Franc的意思详细解释、French Franc的音标、French Franc的用法,包话相关短语用法，例句说明，近反义等信息 Franc French franc 法郎(法国货币名) french franc 【经】 法国法郎 French Franc Area 法国法郎区 French franc bloc 法国法郎集团 French Franc Bond 法国法郎区 French franc … Will's Online World Paper Money Gallery - FRANCE The History of the French franc One of Europe's oldest currencies, the french franc was first minted in 1360 to pay a King's ransom for the release of King John the Good. It reappeared in a variety of manifestations over the course of French history, often in times of trouble. The currencies name comes from the inscription reading Johannes Dei Gratia Francorum Rex ("Jean by the grace of God King of the French") and its value was set as one livre tournois (a money of account). Francs were later minted under Charles V, Henri III and Henri IV.

Louis XIII of France stopped minting the franc in 1641 (replacing it with the ï¿½cu and Louis d'Or), but use of the name "franc" continued in accounting as a synonym for the livre tournois. During the French Revolution the franc was established as the national currency by the French Revolutionary Convention in 1795 as a decimal unit (1 franc = 100 centimes). The value of the franc was set at 4.5 grams of fine silver. This was slightly less than the livre tournois which was valued at 4.505 grams of silver, but in 1796 the franc's value was set at 1.0125 livres or (1 livre, 3 deniers), reflecting in part the past minting of sub-standard coins. In 1803, the "franc germinal" (named after the name of the month in the revolutionary calendar) was established, creating a gold franc containing 9/31 g (290.32 mg) of fine gold.

From this point, gold and silver-based units circulated interchangeably on the basis of a 1:15.5 ratio between the values of the two metals (bimetallism). This system continued until 1864, when all silver coins except the 5 franc piece were debased from 90% to 83.5% silver without the weights changing. 1865 saw the formation of the Latin Monetary Union of which France was a founding member. The Latin Monetary Union was an attempt to unify several currencies into a single currency that could be used in all member countries. The Union was formed at a time when most currencies were still made out of gold and silver. The Union was originaly made up of four countries: France, Switzerland, Belgium and Italy. The common currency was based on the French franc germinal, with the name franc already being used in Switzerland and Belgium, whilst other countries continued to use their own names for the currency. Thus 5 Italian lire was equal to 5 french francs. The Union was later joined by Spain and Greece in 1868, and Romania, Austria, Bulgaria, Venezuela, Serbia, Montenegro, San Marino and the Papal States in 1889.

In 1873, the Monetary Union went over to a purely gold standard of 1 franc equal 9/31 grams of gold. With outbreak of World War I caused France to leave the gold standard of the Latin Monetary Union. The war severely undermined the franc's strength, as war expenditure, inflation and postwar reconstruction, financed partly through the printing of ever more money, reduced the franc's purchasing power by 70% from 1915 to 1920 and a further 43% from 1922 to 1926. France returned to the gold standard from 1928 - 1936, France left the gold standard in 1936 and the value of the French franc continued to slide. During the German occupation of France, the franc was a satellite currency of the German Reichsmark. The coins were changed, with the words "travail, famille, patrie" (work, family, fatherland) replacing the Republican triad "Libertï¿½, ï¿½galitï¿½, Fraternitï¿½" (Freedom, Equality, Brotherhood) and the symbol of the Vichy regime added.

After the close of World War II the value of the French franc continued to slide further, until in 1959 the value of the French franc was less then 1/40 of its 1935 value. The New Franc In January 1960 the French franc was revalued at 100 existing francs. Old franc pieces continued to circulate as centimes (none of which were minted for the first two years), 100 of them making a nouveau franc (the abbreviation NF was used on banknotes for some time). Inflation continued to erode the currency's value but at a greatly reduced rate comparable to other countries so when the value of the franc was pegged to that of the euro in January 1, 1999, the new franc was worth less than an eighth of its original value. Interestingly, after revaluation and the introduction of the new franc, many French people continued using old francs (anciens francs), to describe large sums. For example, lottery prizes were often advertised in amounts of centimes, equivalent to the old franc. This usage continued right up to when franc notes and coins were withdrawn in 2002.

From January 1, 1999, the value exchange rate of the French franc against the euro was set at a fixed parity of 1 EUR=6.55957 FRF. Euro coins and notes replaced it entirely between January 1 and February 17, 2002. Prior to the introduction of the euro banknotes and coins, French banknotes circulated in denominations of 20, 50, 100, 200 and 500 francs. Coins were issued in denominations of 5, 10, 20 and 50 centimes, 1, 2, 5, 10 and 20 francs. The ISO 4217 code for the currency was FRF. Usage of the French Franc around the Globe Just Prior to the introduction of the euro, French Banknotes and coins were used in the independent countries of Andorra and Monaco and in the French possessions of French Guiana, Guadeloupe, Martinique, Mayotte, Reunion and St. Pierre et Miquelon. Several now independent former French colonies use currencies with their exchange rate tied to the value of the French Franc.

See related currencies at the bottom of this page for a complete list. Historical Exchange Rates The table below gives the average yearly exchange rates of the franc from 1948 until the euro's introduction in 2002. The rates show are the number of French francs per U.S. Dollar and per British pound. Year * Rates from 1948 - 1959 are shown in old francs. Related Currencies ► See Banknotes of the European Union Central African States and West African States: The CFA franc is the currency used in 12 formerly French-ruled African countries, as well as in Guinea-Bissau (a former Portuguese colony) and in Equatorial Guinea (a former Spanish colony). The ISO currency codes are XAF for the Central African and XOF for the West African CFA franc. It had a fixed rate with the Franc and since France's adoption of the euro now has a fixed exchange rate to the euro: 100 CFA francs = 1 French (new) franc = 0.152449 euro; or 1 euro = 655.957 CFA francs.

The value of the CFA franc is guaranteed by the Bank of France. The Central African CFA francs and West African CFA francs have the same monetary value against other currencies, however western CFA coins and banknotes are not accepted in countries using Central African CFA francs, and vice versa. ► See Banknotes of the Central African States French Pacific Territories : The CFP franc is the currency used in the French overseas country of French Polynesia, in the French overseas collectivities of New Caledonia and Wallis and Futuna Islands, and also formerly used in New Hebrides now called Vanuatu. The value of the CFP franc is guaranteed by the Bank of France. Since January 1960 the CFP franc has had a fixed rate of exchange against the French franc of 1 CFP franc = 0.055 French francs. Since 2002 when France adopted the euro the rate of exchange was set at 119.3317 CFP franc = 1 euro.

Question: Prior to the introduction of the franc in 1795 what was the currency of France?
Answer: Livre